| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 977629 | Physica A: Statistical Mechanics and its Applications | 2006 | 9 Pages |
Abstract
We establish in this study a network structure of the Korean stock market, one of the emerging markets, with its minimum spanning tree through the correlation matrix. Based on this analysis, it is found that the Korean stock market does not form the clusters of the business sectors or of the industry categories. When the MSCI (Morgan Stanley Capital International Inc.) index is exploited, we find that the clusters of the Korean stock market is formed. This finding implicates that the Korean market, in this context, is characteristically different from the mature markets.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Woo-Sung Jung, Seungbyung Chae, Jae-Suk Yang, Hie-Tae Moon,